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341 Magnolia Ave
Corona, CA 92879

Village Medical Arts Plaza · Office Property For Sale

Executive Summary

SVN | Insight is pleased to present this rare sale-leaseback opportunity at one of Corona's premiere medical office projects - Village Medical Arts Plaza. Suites 201 & 203 total approximately ±8,900 square feet of fully improved medical office space in a growing trade area where demand medical services and household incomes are on the rise. This opportunity is ideal for an physician looking to occupy a portion of the space while collecting passive income on the adjacent unit. Upon close of escrow, Seller will leaseback Suite 201 (±6,489 SF) on a 5-year term while Suite 203 (±2,483 SF) will remain available for an owner-user or future tenant.

PROPERTY FACTS

Property Type Office
Property Subtype Medical
Building Class B
Lot Size 3.51 AC
Rentable Building Area 43,260 SF
Number of Floors 2
Year Built 2005
Parking Ratio 5/1,000 SF
APN / Parcel ID 113-361-008
Cross Streets Main St

Amenities

  • Air Conditioning

zoning

Zoning Code SP/91-1, Corona (Medical / Office)
SP/91-1, Corona (Medical / Office)
  • Listing ID: 14031445

  • Date on Market: 10/10/2018

  • Last Updated:

  • Address: 341 Magnolia Ave, Corona, CA 92879

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